7870 E Ritchie Street
About This Property
With a long list of full remodel this home has recessed lighting, a new front door, three sliding doors, new windows, an open floor plan, a fully remodeled kitchen, quartz counters, a fireplace, interior paint, two remodeled bathrooms, new flooring, ceiling fans, central AC & Heating, two car garage that has been finished with drywall and recessed lighting. The exterior yard has new landscaping, gates, grass, and plenty of space to lounge, play, and make memories.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | Listed by Keller Williams Pacific Estate | $1,275,000 | |
| Listed by Keller Williams Pacific Estate | |||
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by Keller Williams Pacific Estate | $989,000 | |
| Listed by Keller Williams Pacific Estate | |||
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AMAZING opportunity to get into the EL DORADO PARK ESTATES neighborhood! Priceless inner tract location!! Upon entering this home you notice the original stone flooring in the foyer and the freshly painted interior complimented by the upgraded dual pane windows, sliding glass door and central heat and air conditioning. This home has a nice sized kitchen, with an eat in kitchen area and direct access to the two car garage, where you will find the laundry hook ups. The dining area is oversized and can accommodate a large dining table and a wonderful buffet or credenza. The spacious living room has a gas starting fireplace and direct access to your large private patio with a lush green backyard. The walls between these three rooms can be removed or reduced for a more open floorplan lifestyle. The three bedrooms are a good size with full wall closets and the primary closet doors are mirrored. The primary bedroom can accommodate all sized beds, ample furniture and has it's own 3/4 bath. In addition, the primary bedroom has a lovely baywindow creating an extra spacious feel in this room which is located at the front of this home. This property has been in the family for over 50 years and well loved. The Newcomb Academy School (K-8) is located in this neighborhood. Additionally you will find nearby parks, shopping, restaurants, churches and freeway access includung the 605,405 and 91 freeways. Whether you need to downsize to a one story in this neighborhood or buy your first home, the opportunities with this home are endless!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017